The BPM story so far…

April 7, 2017
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The sector in India has grown over 1.6X in the last five years and is expected to cross USD 30 billion in revenues in FY2017, at a growth rate of 7.4% over FY2016. Of the total Indian BPM market in FY2017, exports contribute to over 87%, while the remaining 13% is from the domestic business. The Industry employs over 1 million people accounting for 30% of the total employee base which includes over 25% domain specialists and technical graduates and post graduates. With automation of services becoming the key focus, there is a gradual shift towards adding employees for their skill rather than for adding scale with focus on people with skillsets on business processes, business strategies, and desired business outcomes and objectives.

Key takeaways:

Imroving profitability and productivity remains the key focus for service providers and customers

I will be writing more about the above trends during the whole of next week. So do stop by to read. If you think I have missed out on any key aspect that could be the game-changer for the sector do let me know.

The @NasscomR Strategic Review 2017 report dwells on these and many more key trends witnessed during the year across the IT-BPM industry. You can buy the full report or download the Executive Summary.